Abuja Enterprise sensitises business owners on financial literacy

The Abuja Enterprise Agency, yesterday, began its 3rd financial literacy and inclusion awareness campaign aimed at equipping Micro, Small and Medium Enterprises (MSMEs) and individuals with requisite financial skills to navigate the complex world of business and financial management. This, the agency said, would make them take informed decisions that would foster financial security and […]

The Abuja Enterprise Agency, yesterday, began its 3rd financial literacy and inclusion awareness campaign aimed at equipping Micro, Small and Medium Enterprises (MSMEs) and individuals with requisite financial skills to navigate the complex world of business and financial management.

This, the agency said, would make them take informed decisions that would foster financial security and business success.

City & Crime reports both small and medium business owners are participating in the 3-day event, which would take the officers to major markets in the nation’s capital.

The Managing Director/ Chief Executive of the Agency, Mr Chudi Ugwuada-Ezirigwe, said since the inception of the campaign,  the programme had recorded remarkable milestones which included the sensitisation of over 150,000 households in the FCT on financial literacy and inclusion, delivery of business and financial management education to 38,127 MSMEs, facilitation of access to financial services, especially to the unbanked/underbanked MSMEs in the rural communities and facilitation of access to grant/loan facilities to approximately 30,000 MSMEs in the FCT under various government and private intervention programmes.

According to Chudi, the event is designed to be implemented in phases, through the conventional electronic medium, social media platforms, road shows, seminars, and market outreaches at notable markets in the FCT in collaboration with some strategic partners and relevant stakeholders across the six area councils in the FCT.

He expressed hope that at the end of the programme, all of the targeted audience, especially the small business operators, would have been exposed to the contemporary financial knowledge and information that would improve their personal income management and business operations.

He further said, “In our efforts to position the FCT as an entrepreneurial development hub, we are about to commence the activities of the Abuja Business School of Entrepreneurship (ABSE). The Abuja School of Entrepreneurship is aimed at delivering programmes that respond to the opportunities of a globalised and interconnected educational and entrepreneurial ecosystem.”